Forex Is About Trading...

The truth is Forex is about trading. It is not something that you can sell. Now lots of people claims to have a good Forex system and selling it over the internet. Where is the logic in that.

Imagine you have a Forex system that consistently giving you wining trades. The probability is so high that you are willing to and have succesfully trade up to 50% of your capital. Because of its high winning ratio, your accout grows more than 100% a month. Would you sell that system or would you just keep it to yourself.

Would you go to the trouble of doing marketing, SEO, website, selling pages and payment processor? Is it easier to just trade it by yourself? Is it worth it to sell something that is a winning system?

In my hands I have a winning system. I am not willing to sell it or even to share it. I am however looking for 2 students whom I will teach the system and let them trade it. If the 2 students make profit, I am sure what I have now is a winner Forex system and it will be my best kept secrets. It will not be written anywhere but inside my head.

The next time you meet someone who claims to have a good Forex system and trying to sell it to you, maybe you can ask him the same question. Why sell it for money when the Forex system itself can generate money for you, lots of it forever.

System Testing

The whole of last week, I was doing the crazy thing to do in forex market that is going againts the trend. This is coz I am testing my forex system

The result is quite good. Only 1 position loss with a gain of 120 pips. This is for the trade againts the trend only. My follow the trend position is still in trade with average of 200 pip each position.

Hopefully all goes well and this would be my final system for all time. I dont see the need to change it anymore since it is giving signal clearly.

Forex Review Week 3 July 2007

JPY pair finish the week at a high. Next week we should see a price correction before we can see another push up or change direction down. Last week all JPY pair momentum is slowing down. At the moment the best position is to short all JPY pair.

GbpUsd and EurUsd finish the week at a high. A correction should happen at the opening of next week. Currently both GU and EU momentum is building up. Taking a short position is considered risky but a correction to 1.3700 for EU and 2.0230 for GU is possible.

A Good Start

Here is a hint to those starting in Forex. Take a good scalping system that you can find in the internet, use that system to trade on longer timeframe like 4hours or daily. If the system is good on short timeframe it would be better on longer timeframe.

You will have yourself a price action system. Which means you dont have to forecast anything. You will trade based on price action and you will have little to no stop loss. Try it

Cari Duit Dengan Forex

Sedar tak sedar hari ini adalah hari yang ke 430 hari aku trade forex dan aku masih disini. Ini adalah satu pencapaian peribadi yang baik buat diri aku kerana aku telah melihat ramai orang trade forex 2-3 bulan bungkus dan balik. Ini kerana forex market adalah tempat yang amat berbahaya kepada harta modal dan wang anda.

Diawal pembabitan aku dalam forex aku sedar, Forex adalah sesuatu yang amat sukar difahami. Kerana 95% orang yang trade forex akan bungkus dan balik dalam 6 bulan pertama. Didunia ini cuma 5% sahaja manusia yang berjaya hidup dengan forex. Persoalannya, dah tau bende alah ni susah kenapa kau pegi susah payah lagi belajar. Jawapannya, yang susah itu adalah satu cabaran buat diriku. Lebih susah lebih aku suka.

Dalam setahun ada 365 hari lebih kurang. Bermakna aku dah trade forex live selama 1 tahun 2 bulan dan 5 hari genap pada hari ini dalam sejarah. Permulaannya aku meletakkan tempoh 2 tahun untuk aku mencipta sistem trade aku sendiri. Nampaknya aku hampa. Tempoh 2 tahun itu tidak tercapai oleh aku. Kerana aku memerlukan 1 tahun 2 bulan saja untuk mencipta sistem forex trading aku sendiri.

Dalam Forex ada 2 jenis market secara am iaitu trending market dan ranging market. Kedua dua market ini memerlukan pendekatan yang berbeza dari segi trade. Kalau trending market kita akan trade mengikut trend dan sekiranya ranging market kita trade pada harga siling dan lantai. Persoalan bilakah market uptrend, downtrend atau ranging? dan sekiranya market ranging dimana siling dan dimana lantai?

Rasanya persoalan itu telah terjawab. Sebenarnya jawapan itu telah ada sejak aku mula trade forex cuma aku tidak perasan. Apapun hasilnya akan dipost disini mulai dari hari ini. Harapnya memuaskan hati.

Free Forex Signal 6 Julai 2007

Short Aud/Usd @ 0.8575 or better
SL : 0.8606
Target : 0.8525 and more

Long Usd/Chf @ 1.2146 or better
SL: 1.2105
Target: 1.2210 and more.

If the trade goes well and the 1st target is broken, follow through with trailing SL. Trade at your own risk.

Trade Review 2 July 2007

Last week was a good one. eventhough none of my target hit but my trailing stop loss put me in good profit + some position closed earlier. For this week trade:

Possible trade: (These are early signal with no confirmation yet)

1. short gbp/usd @ 2.0086.

2. short usd/jpy @ 123.42


today and tomorrow im not going to trade since going outstation. Just watch for the 2 trade above.